Leading Philippine food and beverage firm Fly Ace Corp. has partnered with top renewable energy provider First Gen to power its operations with clean energy, supporting its sustainability goals.
German renewable energy developer ib vogt has secured a P4.5-billion senior debt facility from Rizal Commercial Banking Corporation (RCBC) to finance a 99-megawatt peak (MWp) solar power project with battery storage in Iloilo, marking a key milestone in the company's expansion in the Philippines.
The Philippines’ fast-track Green Lane program has amassed a strategic investment pipeline exceeding P6.3 trillion, underscoring strong investor appetite for large-scale energy, infrastructure, and digital economy projects—even as most ventures remain years away from full implementation.
Consumers can expect mixed fuel price adjustments this week, with gasoline set to become cheaper while diesel rates will climb, according to a local fuel retailer. Based on global trading averages from the past week, gasoline prices are projected to fall by P1.50 to P2 per liter, while diesel costs are seen rising by P3 to P3.50 per liter.